7 Sapphire Avenue
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by William Raveis R.E. & Home Services | $894,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Located in the sought-after neighborhood, 7 Sapphire Ave welcomes you with a classic farmer’s porch that sets the tone & leads you inside. This move-in ready 4-bedroom, 3-bath home offers the space & layout today’s buyers are actively searching for. The main level features a sun-filled living area w/ seamless flow into the kitchen & dining space, ideal for both everyday living & entertaining. A well-designed mudroom with custom built-ins adds everyday function, & a 1st floor bedroom provides flexibility for guests, home office, or single-level living. The 2nd floor addition, completed in 2018, brings meaningful expansion, including a comfortable primary suite & additional living space that feels fully integrated. Bedrooms are well-proportioned & adaptable for a variety of needs. A finished basement offers valuable bonus space for a playroom, gym, media room. Beacon Hill style patio perfect setting for relaxing or hosting. Close to schools, beaches, and the shopping and dining options.
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| Jan 31, 2017 | Sold | ||
| Sold | |||
| Sep 13, 2016 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $409,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017